Advanced Gold Exploration Announces Private Placement
Summary
The gross proceeds from the sale of the FT Units will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada).Gross proceeds from the sale of the Units shall be used for general corporate and working capital purposes.The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. Weve acquired a portfolio of undervalued gold and copper properties and are increasing their value through the application of modern technology, new ideas and systematic exploration. Our purpose is to bring immediate and long-term value to our partners and shareholders while seeking to reduce exploration risk, so that we can all advance in the shortest possible time frame.For additional information about us, our projects, or to find out how we can assist in the advancement of your project contact our CEO.This news release contains certain "forward-looking information" within the meaning of applicable securities law. The Company undertakes no obligation to update forward-looking information if circumstances or managements estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.Not for distribution in the United StatesTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/236414